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Adani’s bribery scandal raises concern on market, public disclosure lapses

by AIP Online Bureau | Nov 24, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“The Adani Group can argue about the materiality of the investigations, but as the U.S. indictment reports note, the disclosures in the annual reports were against the established norms of good corporate governance,” Shriram Subramanian, founder of proxy...
US regulators seek to break up Google, force Chrome sale

US regulators seek to break up Google, force Chrome sale

by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, International News, Risk Management

The proposed break-up floated in a 23-page document filed late Wednesday (Thursday AEDT) by the US Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android...
Billionaire Gautam Adani indicted in US for bribery and  fraud

Billionaire Gautam Adani indicted in US for bribery and fraud

by AIP Online Bureau | Nov 21, 2024 | Indian News, Risk Management

Gautam Adani, chairman and founder, Adani Group However, Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws....

FPIs selling-spree continues withdraw Rs 22,420 cr from equities in Nov

by AIP Online Bureau | Nov 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

According to the data, FPIs recorded a net outflow of Rs 22,420 crore so far this month. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow New Delhi: Foreign investors have pulled out Rs 22,420 crore from the...

Global insured cat losses to exceed $102 billion: Aon

by AIP Online Bureau | Nov 2, 2024 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

The report highlights that insured losses from primary perils during the first nine months of 2024 were relatively low, with no event exhibiting the potential to significantly impact the broader reinsurance market LONDON: A report by Aon plc reveals that there were at...
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